My wife and I recently purchased an investment property, with the intentions of establishing an LLC.I spoke to our lender (Quicken Loans) and they will not allow us to transfer the title to an LLC.Our sole purpose of moving the title to the LLC, was because we are wanting to purchase another property and based our Debt/Income ratio, it is unlikely a lender we agree to a 3rd mortgage.What other options do we have?

Can I put in an offer and purchase the property in my own name, then somehow move it into an LLC for tax and liability purposes?

Hello, As the title states what's the difference between purchasing an apartment and a single family home for an investment purpose?

(Assessed values are irrelevant for lending purposes - you need to know current as-is market value.) 

Lastly, when a self-employed individual maintains more than one trade or business, the questionarises as to whether the limit is based on the sum of earned income or loss from all trades orbusinesses under common control [as defined in IRC 414( c)) as modified by IRC 415(h)], or ifonly the trade or business maintaining the plan being tested is used.For purposes of the IRC 415limit, earned income for the self-employed individual is based on the sum of the earned incomefrom all the controlled trades or businesses, regardless of whether the related employer maintainsa qualified plan [Reg. 1.415-2(d)(6)].EXAMPLE: Andy, a sole proprietor, operates a law practice as a sole proprietorand has $100,000 of self-employment income from such practice for 2008 (prior tothe reduction for one-half of self-employment tax).

It's also about working with escrow and title, ensuring your lender is covered by the appropriate hazard and lender insurance, making sure your loan is in compliance as either a business purpose or consumer purpose loan, and that you've provided and signed all the appropriate disclosures, which can be numerous.This assumes of course that you should even qualify for the loan, which a good lender should establish.

The purpose of hiring an appraiser or inspector depends on the situation.

Exceedingly smart move on their part, for those foolhardy enough to have spoken poorly of him now sit in a very precarious position where their own existence is at stake. 3) Regardless of what anyone thinks we (the US) still wield more power around the globe than nearly all of the other countries in the world combined, and you would be the fool of fools to ignore that and would do so at your own imminent peril.4) I'm not a Trump supporter and I have reservations about how he will govern, but simply parroting lines that come straight from the Democratic Party's Political Hit Manual doesn't serve any purpose but to perpetuate such tripe.

Are you talking about for tax purposes?

For number purposes lets say we wanted to barrow 10K.